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Ageas results dampened by restructuring costs and discount rate review

Money - pound coins

Ageas UK made a €56m (£47.5m) loss in 2016, in sharp contrast to the €30m profit made in 2015.

Ageas said that €27m had been lost through restructuring costs following the business' decision to close its Kwik Fit Insurance Uddingston site. 

€31m of the loss relates to an underperforming Special

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